Orthopediatrics Corp Stock Market Value
| KIDS Stock | USD 25.39 0.52 2.01% |
| Symbol | Orthopediatrics |
Orthopediatrics Corp Price To Book Ratio
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orthopediatrics Corp. If investors know Orthopediatrics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orthopediatrics Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Revenue Per Share 8.255 | Quarterly Revenue Growth 0.365 | Return On Assets (0.04) | Return On Equity (0.08) |
The market value of Orthopediatrics Corp is measured differently than its book value, which is the value of Orthopediatrics that is recorded on the company's balance sheet. Investors also form their own opinion of Orthopediatrics Corp's value that differs from its market value or its book value, called intrinsic value, which is Orthopediatrics Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orthopediatrics Corp's market value can be influenced by many factors that don't directly affect Orthopediatrics Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orthopediatrics Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orthopediatrics Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orthopediatrics Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Orthopediatrics Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Orthopediatrics Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Orthopediatrics Corp.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Orthopediatrics Corp on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Orthopediatrics Corp or generate 0.0% return on investment in Orthopediatrics Corp over 30 days. Orthopediatrics Corp is related to or competes with Abbott Laboratories, Medtronic PLC, Edwards Lifesciences, ZimVie, and Smith Nephew. OrthoPediatrics Corp., a medical device company, designs, develops, and markets anatomically appropriate implants and de... More
Orthopediatrics Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Orthopediatrics Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Orthopediatrics Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 16.62 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 4.85 |
Orthopediatrics Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orthopediatrics Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orthopediatrics Corp's standard deviation. In reality, there are many statistical measures that can use Orthopediatrics Corp historical prices to predict the future Orthopediatrics Corp's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orthopediatrics Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Orthopediatrics Corp Backtested Returns
Orthopediatrics Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0738, which implies the firm had a -0.0738% return per unit of risk over the last 3 months. Orthopediatrics Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orthopediatrics Corp's Risk Adjusted Performance of (0.06), coefficient of variation of (1,172), and Variance of 10.37 to confirm the risk estimate we provide. The company holds a Beta of 1.18, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Orthopediatrics Corp will likely underperform. At this point, Orthopediatrics Corp has a negative expected return of -0.24%. Please make sure to check Orthopediatrics Corp's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Orthopediatrics Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Orthopediatrics Corp has virtually no predictability. Overlapping area represents the amount of predictability between Orthopediatrics Corp time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orthopediatrics Corp price movement. The serial correlation of 0.02 indicates that only 2.0% of current Orthopediatrics Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
Orthopediatrics Corp lagged returns against current returns
Autocorrelation, which is Orthopediatrics Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Orthopediatrics Corp's stock expected returns. We can calculate the autocorrelation of Orthopediatrics Corp returns to help us make a trade decision. For example, suppose you find that Orthopediatrics Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Orthopediatrics Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Orthopediatrics Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orthopediatrics Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orthopediatrics Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Orthopediatrics Corp Lagged Returns
When evaluating Orthopediatrics Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orthopediatrics Corp stock have on its future price. Orthopediatrics Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Orthopediatrics Corp autocorrelation shows the relationship between Orthopediatrics Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Orthopediatrics Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Orthopediatrics Stock Analysis
When running Orthopediatrics Corp's price analysis, check to measure Orthopediatrics Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orthopediatrics Corp is operating at the current time. Most of Orthopediatrics Corp's value examination focuses on studying past and present price action to predict the probability of Orthopediatrics Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthopediatrics Corp's price. Additionally, you may evaluate how the addition of Orthopediatrics Corp to your portfolios can decrease your overall portfolio volatility.